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haxor@derp.fooMB to Hacker News@derp.fooEnglish · 3 years ago

The Share of Americans Who Are Mortgage-Free Is at an All-Time High

www.bloomberg.com

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The Share of Americans Who Are Mortgage-Free Is at an All-Time High

www.bloomberg.com

haxor@derp.fooMB to Hacker News@derp.fooEnglish · 3 years ago
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Almost 40% of US homeowners own their homes outright as of 2022—many of them baby boomers who refinanced when rates were low.

There is a discussion on Hacker News, but feel free to comment here as well.

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  • ExfilBravo@lemmy.world
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    3 years ago

    Can’t have a mortgage if I can’t have a house. *taps head.

  • Taniwha420@lemmy.world
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    3 years ago

    Boomers.

    I didn’t need to read too far to confirm that.

    • optissima (she/her)@lemmy.ml
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      3 years ago

      Well I’m a millennial and I don’t have one either! Also if they’re looking at owned housing, I bet the houses vacuumed up by Black water or whoever really pad these numbers.

      • sudoshakes@reddthat.com
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        3 years ago

        We do distinguish primary residence vs non-primary residence for property records. Should be doable to remove the corporate purchases that way.

  • itsonlygeorge@reddthat.com
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    3 years ago

    This is a joke right?

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